Saturday, 19 October , 2019

BRICS

The World condemns USA – BRICS issue historic joint statement on...

BRICS Issues Joint Statement: Illegal Military Intervention in Syria Is Unacceptable The joint BRICS statement says military action in Syria without authorization from the UN...

The retreat of neoliberalism

An internal IMF report admitting the destructive nature of neoliberalism may have come too late for many African countries. The neoliberal structural adjustment programmes have led to economic hardships, political instability and conflicts in most African countries where they have been implemented.

IMF issues warning over growing Chinese debt problems

The International Monetary Fund (IMF) has issued its clearest warning yet about the global implications of rising corporate debt in China. It came in the form of an address delivered by David Lipton, its first managing director, at a conference in Shenzhen at the weekend.

Perry Anderson – Crisis in Brazil

The BRIC countries are in trouble. For a season the dynamos of international growth while the West was mired in the worst financial crisis...

The Collapse of the Western Fiat Monetary System may have Begun

By Peter Koenig On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the...

China bats for stronger BRICS cooperation

Despite the current difficulties of BRICS economies, their economic fundamentals remain unchanged and better cooperation will help them tackle global challenges, said Chinese Vice...

No competition between BRICS bank and AIIB – Russian deputy foreign...

The BRICS New Development Bank (NDB) and China’s Asian Infrastructure Investment Bank (AIIB) will complement one another by tackling more infrastructure projects, according to...

BRICS: Too early to read the last rites?

By Vladimir Mikheev The BRICS grouping is falling apart, according to a recent article in the Financial Times that claimed commodity giants Russia and Brazil...

Russian deputy foreign minister: criticism of BRICS is indicator of its...

If something does not have the label: ‘made in the West,’ this causes suspicions and rejection from the outset, Russian Deputy Foreign Minister Sergey...

BRICS face brewing external capitalist crisis and Growing Internal Strife

by Patrick Bond Last week, listening to activists and allied academics at New Delhi’s Jawaharlal Nehru University (JNU) and Mumbai’s Tata Institute for Social Sciences...